CAIE A-Level Economics 11.2.3 Revaluation vs devaluation
Practise distinguishing revaluation and devaluation in fixed systems and predicting their immediate effects on prices and trade.
- Syllabus
- 2026–2028
- Course
- Economics 9708
- Level
- A2
Exam points
- distinguish devaluation and revaluation from depreciation and appreciation terms
- predict how devaluation changes import prices, terms of trade and deficit pressure
11.2.3—Revaluation vs devaluation question 1
[Maximum number: 1]
A central bank officially lowers the price of its currency relative to an agreed rate in terms of other currencies.
What type of central bank policy is this?
A
appreciation
B
depreciation
C
devaluation
D
revaluation
C
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